NZ dollar in holding pattern as tariff jitters continue

The kiwi has shed more than 2% against the USD in the past two weeks. (Image: Getty)

Tue, 15 Jul 2025

The New Zealand dollar is struggling to gain any traction against the greenback thanks to ongoing tariff ructions. “A re-escalation in tariff headlines characterised last week and will remain a focus this coming week,” BNZ senior strategist Jason Wong said.The kiwi was trading at 59.86 US cents late on Monday afternoon in Wellington, down 2.2% from the 2025 high it reached on July 1.US President Donald Trump’s latest round of tariff threats, including a 30% tariff on goods from the EU and Mexico, has shored up the g...

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